Prime minister faces mounting pressure to step aside from inside caucus
Prime Minister Justin Trudeau will face mounting pressure from his caucus this week to step down from the leadership of the Liberal party.
Wejo, a British auto data startup backed by General Motors Co, said on Tuesday that Microsoft Corp and insurer Sompo Holdings Inc will invest US$25 million in the company.
The investment comes as Wejo prepares to go public later this year through a reverse merger with blank-check company Virtuoso Acquisition Corp.
The deal was announced last month and valued the startup at US$800 million including debt.
Microsoft and Sompo join General Motors and data analytics firm Palantir Technologies Inc as part of Wejo's private investment in public equity (PIPE) financing, which now stands at US$125 million.
Manchester-based Wejo organizes data from almost 11 million vehicles connected to the internet for clients such as GM, Hyundai Motor Co and Daimler.
(Editing by Shounak Dasgupta)
Prime Minister Justin Trudeau will face mounting pressure from his caucus this week to step down from the leadership of the Liberal party.
Liberal cabinet minister Steven Guilbeault says the Liberals will not be 'held hostage' by the Bloc Quebecois' demand to expand Old Age Security to more seniors.
Amid escalating violence in the Middle East, a majority of surveyed Canadians say they don't believe the costs associated with Canadians fleeing the region should be funded solely by the government.
Small clinical trials have shown that one or two doses of psilocybin, given in a therapeutic setting, can make dramatic and long-lasting changes in people suffering from treatment-resistant major depressive disorder, which typically does not respond to traditional antidepressants.
The Orient Express' opulent passenger experience was later immortalized in popular culture by authors like Graham Greene and Agatha Christie. But dining on the move was very much a triumph of logistics and engineering.
Since Israel launched its ground invasion of Lebanon, Israeli forces and Hezbollah militants have clashed along the border while the Lebanese army has largely stood on the sidelines.
Toronto police have identified the woman who was allegedly killed by a suspected serial killer earlier this month.
Al Pacino is enjoying being a late-in-life dad. The legendary actor talked about being a father to a brood, including to 16-month-old Roman with producer Noor Alfallah.
A New Zealand man who disappeared with his three children in 2021 was spotted on a farm along the country's northwest coast, police say.
James Taylor never expected to be walking home with a bag full of groceries he didn't buy.
This weekend marks the fifth anniversary of a large blizzard that paralyzed Manitoba.
There was an eye-catching mix of rainbows and lightning over Vancouver following a brief downpour this week.
Jeff Warner from Aidie Creek Gardens in the northern Ontario community of Englehart has a passion for growing big pumpkins and his effort is paying off in more ways than one.
Saskatchewan’s Jessica Campbell has made hockey history, becoming the first ever female assistant coach in the National Hockey League (NHL).
Have you ever seen videos of hovercrafts online or on TV and thought, 'Wow, I wish I could ride one of those.' One Alberta man did, and then built his own.
A B.C. couple is getting desperate – and creative – in their search for their missing dog.
Videos of a meteor streaking across the skies of southern Ontario have surfaced and small bits of the outer space rock may have made it to land, one astronomy professor says.
A unique form of clouds made an appearance over the skies of Ottawa on Sunday evening.